Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
J6 Hearing
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="Thebrownblob" data-source="post: 5343676" data-attributes="member: 60485"><p>Typical for you I’m sure. But your ignorance only proves my point. I get to go to a meetings yearly with the actuaries and the trustees of the pension plan. This money can only last in two ways</p><p></p><p>1.their ability to continue to invest. (Which they have failed at every turn)</p><p></p><p>2. The rate at which the retirees are passing away which is increasing.</p><p></p><p>Sounds great doesn’t it.</p><p></p><p>And now we find out The current solution allows plans to invest a portion of their financial-assistance funds in higher-return assets.</p><p></p><p>Which if you look at their past performance should mean this money will last about 3 to 5 years before we start talking about going broke again.</p><p></p><p>That’s nice you don’t care about me but I can assure you in the position I hold we were promised the pension would be fixed, and I did my part because I care, and I only have nine years in Central states. The pension is not fixed it is only the can be kicked down the road and we don’t even know how far down the road for sure.</p><p></p><p>I will certainly give credit where credit is due they did something but it was not completely what was promised which is typical for politicians.</p></blockquote><p></p>
[QUOTE="Thebrownblob, post: 5343676, member: 60485"] Typical for you I’m sure. But your ignorance only proves my point. I get to go to a meetings yearly with the actuaries and the trustees of the pension plan. This money can only last in two ways 1.their ability to continue to invest. (Which they have failed at every turn) 2. The rate at which the retirees are passing away which is increasing. Sounds great doesn’t it. And now we find out The current solution allows plans to invest a portion of their financial-assistance funds in higher-return assets. Which if you look at their past performance should mean this money will last about 3 to 5 years before we start talking about going broke again. That’s nice you don’t care about me but I can assure you in the position I hold we were promised the pension would be fixed, and I did my part because I care, and I only have nine years in Central states. The pension is not fixed it is only the can be kicked down the road and we don’t even know how far down the road for sure. I will certainly give credit where credit is due they did something but it was not completely what was promised which is typical for politicians. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
J6 Hearing
Top